After a loved one passes away, those coping with grief may exhibit selfish or malicious behavior regarding the distribution of the deceased’s assets. Greedy or overbearing beneficiaries can create challenges for executors trying to abide by the deceased’s wishes. If you have recently been appointed as the executor, here are some things you should know […]
Many people are under the impression that drafting a will is a one-time thing, but it shouldn’t be. Your life changes over time, and your will should be updated as needed to reflect such changes. New life circumstances may require a change in beneficiaries, and if you don’t update your will, your wishes may not […]
Did you lose a loved one who either did not appoint an executor or did not have a will? If your loved one owned assets that require probate, an administrator must be appointed to take charge of those assets. First, it is important to understand the difference between an executor and an administrator. An executor […]
If you are preparing to create or update your will, it is essential that you know what your will can and cannot do. Here are a few examples. Legal Responsibilities of Marriage Under Georgia law, all spouses and minor children of a decedent are entitled to Year’s Support – money or other assets from […]
After a year as eventful as 2020, it’s no surprise that you might need to update your estate planning documents in 2021, including your trust. However, trusts are not always easy to amend, and some types of trusts actually can’t be amended at all. If you’re looking to make changes to your trust, here’s […]
Many studies have shown that while the winter holiday season should be the happiest time of year, the divorce rate actually spikes in the months immediately following. Here are some of the reasons why this is the case, as well as the steps you can take to prevent fiduciary disputes from arising in your […]
Emotions are high any time there is an unexpected death of a family member. We have seen many times that grief, sorrow, and confusion can easily overwhelm loved ones of the deceased. In the midst of this turmoil, it is common for tension to rise between these family members, which is when disputes are most […]
In the October 2020 episode of our Wealth Matters radio show, Gaslowitz Frankel partners Adam Gaslowitz and Craig Frankel met virtually with special guests Allen Venet, Estate and Trust Advisor at SunTrust Bank (now Truist), and Alyssa Quinlan, Chief Business Development Officer at Hindman Auctions, to discuss the ins and outs of planning, appraising, and […]
When it comes to drafting wills and trusts, many people decide to “DIY” it to avoid the costs of hiring an advisor/estate planning attorney. Whether someone attempts to create a handwritten will or draft one using an online service, we have seen that the repercussions of DIY estate planning can be far more costly […]
As we have discussed before, the requirements for a will to be considered valid by the probate court varies from state to state. One of these factors that can change depending on the state is whether or not handwritten/holographic wills are accepted. Sometimes these terms are mistakenly used interchangeably when they actually mean different […]
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